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Samsung Electronics

Samsung Electronics apologises for factory cancer cases

Samsung Electronics apologised Friday to workers who developed cancer after working at its semiconductor factories, finally ending a decade-long dispute at the world's top chipmaker.  "We sincerely apologise to the workers who suffered from illness and their families," said the firm's co-president Kim Ki-nam. "We have failed to properly manage health risks at our semiconductor and LCD factories." Samsung Electronics is the world's biggest mobile phone manufacturer and chipmaker and the flagship subsidiary of the…

Chinese regulators launch probe into Samsung Electronics, SK Hynix, Micron

SEOUL: China has launched an investigation into South Korea’s Samsung Electronics Co Ltd and SK Hynix Inc as well as U.S. Micron Technology Inc. A source with knowledge of the matter said China was probing price-fixing allegations as DRAM prices had risen sharply, the first such investigation by China.  “The investigation has kicked off in earnest,” the source said, requesting anonymity due to the sensitivity of the matter. All three companies confirmed that officials from China’s State Administration for Market…

Samsung Electronics probe finds battery was main cause of Note 7 fires

SEOUL: A Samsung Electronics Co Ltd investigation into what caused some Galaxy Note 7 smartphones to catch fire has concluded that the battery was the main reason, a person familiar with the matter said on Monday. The world's biggest smartphone maker is seeking to put behind it one of the biggest product safety failures in tech history as it prepares to launch the Galaxy S8, one of its flagship phones, sometime in the first half of this year. Investors and analysts say it is critical for Samsung to provide a convincing…

Samsung to reveal ‘Galaxy Note 7’ probe results in January: reports

SEOUL: Samsung Electronics Co Ltd (005930.KS) will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday citing unnamed sources. The South Korean firm said in October it was examining all aspects of the phone, suggesting there may be a combination of factors that contributed to one of the costliest product safety failures in tech history. The world's top smartphone maker warned of a $5.1 billion hit to its…